Cantor Equity Partners I, Inc. 8-K

What Happened
Cantor Equity Partners I, Inc. (CEPO) announced on March 26, 2026 that CEPO, BSTR Holdings, Inc. (“Pubco”), BSTR Newco, LLC (“Newco”) and the Seller executed Amendment No. 1 to the Business Combination Agreement dated July 16, 2025. The amendment, dated March 25, 2026 and filed as Exhibit 2.1, increases the size of Pubco’s board of directors at closing of the proposed business combination from five (5) persons to seven (7) persons (or another number if mutually agreed).

Key Details

• Amendment No. 1 to the Business Combination Agreement executed March 25, 2026 and filed as Exhibit 2.1 to the 8-K.
• Original Business Combination Agreement was entered July 16, 2025 (previously reported on Form 8-K filed July 17, 2025).
• Pubco and Newco confidentially submitted a Registration Statement on Form S-4 and intend to file a public Proxy Statement/Prospectus in connection with the proposed business combination and related private placements.
• Securities to be issued in the private placements and in connection with the transaction have not been registered under the Securities Act and may not be offered or sold in the U.S. absent registration or an available exemption.

Why It Matters
This amendment changes the expected board composition at closing, which is a governance-level adjustment that may influence post-closing leadership and oversight of the combined public company (Pubco). Investors should watch for the publicly filed S-4/Proxy Statement once available—those documents will contain material details about the transaction terms, the proposed board, vote requirements, potential dilution from private placements, and the risks described by the companies. Completion of the business combination remains subject to customary closing conditions, shareholder approval, and regulatory requirements.